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How CNH’s ‘black belt’ M&A head makes deals

TechCrunch LogoTechCrunch3d ago

How CNH’s ‘black belt’ M&A head makes deals - TechCrunch

Quick Summary:

Heavy equipment manufacturer CNH Industrial has a long history of mergers and acquisitions, at times supervising legendary brands like Ferrari.

In particular, he went right to the venture capital firms, knowing many would be looking for exits for their investments in startups building things like autonomous farm equipment or precision farming data.

Lombardi had come up through CNH’s business development group, part of what he describes as a “black belt team” that forged corporate alliances at the highest levels.


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Article Details

Author / Journalist: Sean O'Kane

Category: StartupsBusiness

Markets:

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Published On: 2024-08-11 @ 18:35:08 (3 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1727 words

Reading Time: 10 minutes read

Sentences: 70 lines

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Copyright Owner: © TechCrunch

News ID: 22080137

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